Kion Group (OTCMKTS:KIGRY) Upgraded by UBS Group to Strong-Buy

UBS Group upgraded shares of Kion Group (OTCMKTS:KIGRY) to a strong-buy rating in a research note issued to investors on Thursday, Zacks.com reports.

Kion Group Stock Up 0.5 %

Shares of Kion Group stock opened at $9.73 on Thursday. The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22. Kion Group has a 1 year low of $7.30 and a 1 year high of $13.91. The stock has a 50-day moving average price of $9.37 and a 200 day moving average price of $10.78. The company has a market cap of $5.10 billion, a P/E ratio of 13.51 and a beta of 2.02.

Kion Group (OTCMKTS:KIGRY) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.14 EPS for the quarter. Kion Group had a return on equity of 5.78% and a net margin of 2.94%. The company had revenue of $3.10 billion for the quarter. As a group, analysts expect that Kion Group will post 0.79 EPS for the current fiscal year.

Kion Group Company Profile

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands.